Mining Indaba

Lonmin cash flow positive helped by rand slide

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Ben Magara, CEO of Lonmin, said the company was producing positive cash flow following a restructuring and helped by rand denominated revenues.

Anglo Platinum cuts back again

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Anglo Platinum wants to sell its 50% stake in Kroondal and the obvious buyer is Sibanye which now owns the other 50% through Aquarius Platinum.

Market freefall obscures Anglo efforts: Cutifani

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Mark Cutifani, CEO of Anglo American, said it was "frustrating" the mining market was falling so fast that $1bn in group improvements could not be demonstrated.

“We gave Obuasi our best shot”: Bristow

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Mark Bristow, CEO of Randgold Resources, said AngloGold couldn't convince him to invest in Ghana's Obuasi because it could not become a world class mine.

Zwane seeks out of court charter deal

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South African mines minister, Mosebenzi Zwane, believed the contentious 'once-empowered, always-empowered' dispute would be settled out of court.

Surge in Amplats shares justified: Griffith

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Anglo Platinum shares are up 70% this year and that move is justified according to CEO Chris Griffith although he cautions over "volatile" conditions.

CoM looking to move forward with Zwane

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The Chamber of Mines of South Africa said it was possible it could "do business" with the newly appointed mines minister, Mosebenzi Zwane.

Magara optimistic on wage talks with AMCU

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Lonmin CEO, Ben Magara, said he was cautiously optimistic about the prospect of wage talks with unions but warned against growing platinum production.

Women should become “one of the boys”

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Women In Mining's Amanda van Dyke believes in becoming "one of the boys" if gender inequality is to be narrowed in the world's mining sector.

Gold Fields delays South Deep break-even

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Gold Fields returned cash to shareholders after a solid year but yet another delay in the break-even of South Deep took the gloss off.